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2317 Gunn Hwy
Odessa, FL 33556
Lowe's - New 20-YR GL - 75k VPD · Retail Property For Sale

Investment Highlights

  • Current base rent equates to $5.45/SF and the purchase price is well below replacement cost
  • Lowe's is a Fortune 50 company that operates +/- 1,800 stores and has an investment grade credit rating
  • Strategically located at the major regional intersection of SR 54 and Gunn Highway which carry a combined 75,000 vehicles per day
  • 20-YR lease and large capital investment by Lowe's demonstrates long-term commitment to this site
  • Pasco County is the 3rd fastest growing County in Florida with over 17,000 being developed in the immediate trade area
  • Florida has no state income tax and in 2022 ranked as the fastest growing State in the US

Property Facts

Property Type
Retail
Building Size
138,339 SF
Building Class
A
LoopNet Rating
4 Star
Year Built
2024
Tenancy
Single
Building Height
1 Story
Building FAR
1.53
Lot Size
2.08 AC
Parking
69 Spaces (12.29 Spaces per 1,000 SF Leased)

Property Taxes

Property Taxes

Parcel Numbers
Multiple
  • 27-26-17-0020-00C00-0010
  • 27-26-17-0010-00200-0010
  • 27-26-17-0010-00100-0010
Land Assessment
$4,704,323
Improvements Assessment
$8,420,765
Total Assessment
$13,125,088
  • Listing ID: 32652257

  • Date on Market: 8/1/2024

  • Last Updated:

  • Address: 2317 Gunn Hwy, Odessa, FL 33556

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